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Update on Gigi

Gigi is married and works hard to provide for her family. She runs a "sari-sari" or general store in the Philippines.

Gigi has asked for a loan of 25,000 Philippines Pesos through Negros Women for Tomorrow Foundation, Inc., so she can buy items such as canned goods and groceries to sell in her general store.

Gigi has been in this business for 25 years, and has previously received funds through Kiva.

Gigi aspires to build and expand her business so she can secure the future of her family.

Previous Loan Details

This time, for her 10th cycle loan, Gigi is borrowing PHP 22,000 to fund her general store. This business was previously funded through NWTF and Kiva continues to provide Gigi and her family with income that is improving their quality of life. More from Gigi's previous loan »

Additional Information

More information about this loan

On Friday November 8, 2013, Super Typhoon Haiyan made its way through Southeast Asia, causing substantial damage to homes and businesses in areas of the Philippines. Given the state of devastation following this storm, borrowers living and working in these areas may have difficulty making repayments on their loans, thus making their Kiva loans higher risk. More information >>

About Negros Women for Tomorrow Foundation

Negros Women for Tomorrow Foundation, Inc. (NWTF) is a non-governmental organization established with an aim to help men and women achieve self-sufficiency, particularly in the province of Negros Occidental’s low-income communities. The organization offers its clients a wide variety of products, including loans for micro-entrepreneurs, hospital income benefits, life insurance, accidental death benefits and more. Kiva lenders’ funds will be used to expand the reach of these products to low-income urban and rural communities.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Philippines

  • $7,000
    Average annual income
  • 2090
    View loans »
    Philippines Loans Fundraising
  • $61,189,400
    Funds lent in using Kiva
  • 40.9
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Gigi to buy items such as canned goods and groceries to sell in her general store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 26, 2013
Apr 3, 2013
Currency Exchange Loss:
Mar 17, 2014